Recently, the latest performance lists of fund evaluation institutions have been released one after another, which has become a topic of concern both inside and outside the industry. Everbright Prudential’s 10 funds ranked among the top 15% of their peers in 2021. Fixed income investment continued to play an outstanding role, ranking among the top three in the whole industry in the past two years; Equity investment also has many highlights. In the past two years, it has contributed five “double bases”. ① the investment style is diversified, and the fund managers are good at winning. Behind the beautiful performance, in addition to the open and inclusive investment and research culture, the continuously improved talent echelon is also an important reason for the company’s continued vitality.
the strength of fixed income shows that it has ranked among the top three in the industry in recent two years
In recent years, the bond market has been unstable, credit risk events have occurred from time to time, and fixed income investment is facing a severe test. Everbright Prudential sized up the situation, made progress in stability and achieved extremely excellent performance.
According to the evaluation list of bond investment active management ability of public fund managers recently released by Galaxy Securities, as of December 31, 2021, Everbright Prudential’s arithmetic average bond investment active management yield ranked 7 / 124, 3 / 114 and 6 / 102 respectively in the industry in the past year, two years and three years, and has always remained in the forefront of the industry.
Everbright Shengli a managed by Zou Qiang won the performance champion of ordinary debt base in 2021, with a revenue of 17.21%, far exceeding the performance benchmark of the same period by 5.65%; Everbright credit Tianyi a, the winner of the five-year Taurus fund and the champion of the secondary bond base income in 2020, continued to be brilliant in 2021. Huang Bo, the fund manager, achieved 26.44% income in the whole year, ranking the top five among the 258 secondary bond bases. ②
In the more stable Tier-1 debt based track, Everbright profit increase managed by Huangbo returned 10.78% in 2021, ranking among the top 10% of the performance in the same period. Since the fund was established at the end of October 2008, in addition to the bond bear market caused by money shortage in 2013, the other 12 natural years have achieved positive returns, becoming a warm choice for many investors in the volatile market, and the product scale has also increased several times in the recent year. ③
In addition to the above products, there are many bond funds such as Everbright Anqi and Everbright medium and high-grade, all ranking among the top 15% of the same kind in the same period.
As a public fund company that has earlier arranged the “fixed income +” product line in the industry, Everbright Prudential has formed a relatively complete fixed income + strategy base, which has a good performance in terms of investment performance and management scale. Everbright Jinhong, established in early March last year, innovatively uses quantitative strategy to manage fixed income + products, optimizes asset weight through stock bond timing risk budget model, and controls portfolio risk. Its operation has been stable so far; Everbright Anyang partial debt hybrid fund, established in mid June, had achieved an absolute return of 5.54% by the end of last year, far exceeding the performance benchmark of 1.26% in the same period. By the end of the third quarter of 2021, the scale of “fixed income +” public funds under Everbright Prudential had exceeded 20 billion yuan. ④
equity investment has accumulated a lot, and five “double bases” have emerged in the past two years
Everbright Prudential has always attached importance to building the core competitiveness of equity investment. From multiple time dimensions, the performance of equity investment is commendable.
In the long run, the two old funds Everbright new growth and Everbright dividend, which have been established for more than 15 years, have already created rich returns for investors, and the yields from their establishment to the end of last year reached 919.75% and 728.93% respectively. Among them, Everbright new growth, headed by Wei Xiaoxue, assistant general manager and research director of the company, has ranked eighth among 41 partial share hybrid funds in the past 15 years. ⑤
From the three-year perspective, by the end of 2021, the performance of three funds had more than doubled in recent three years. Everbright industry rotation is committed to capturing investment opportunities in booming industries, with a yield of nearly 240% in recent three years, ranking among the top 12% of the performance of partial stock hybrid funds in the same period; Everbright made in China, which focuses on the midstream theme, is jointly managed by Wei Xiaoxue and Cui Shutian, the new generation fund manager. The yield in the past three years is 212.82%, ranking among the top 13% of similar returns in the same period; Everbright’s new growth has also achieved a performance growth of more than 200% in the last three years, and its performance in recent five years and recent two years ranks among the top 1 / 4 of its kind. ⑥
In terms of the two-year cycle, by the end of 2021, five “double bases” had emerged under Everbright Prudential in the past two years.
Among them, Everbright advanced service industry a, which focuses on the large consumption sector, suffered a continuous correction in the sector as a whole last year, but with the excellent stock selection ability of fund manager Zhan Jia, the return of the fund in the past two years reached 118.09%, significantly outperforming the performance benchmark of 7.31% in the same period. Everbright boom pioneer and Everbright dynamic optimization managed by fund manager Fang Lei have made great achievements in focusing on the technology track. Even if the stock position limited by the fund contract shall not be higher than 80%, the fund yield reached 110.22% and 106.98% respectively during the period, both exceeding the performance benchmark of the same period by more than 90%. Everbright dynamic optimization ranked 25 / 132 and 14 / 123 in recent one year and two years respectively. ⑦
Everbright new growth and Everbright made in China also doubled their yields in the past two years, reaching 101.67% and 124.29% respectively. The former selects stocks from the perspective of the whole industrial chain and is favored by the market for its flexible investment style and outstanding individual stock mining ability. Everbright made in China ranked among the top 10% in the flexible allocation fund in the same period, and won the five-star rating ⑧ in the Haitong Securities Company Limited(600837) three-year and five-year evaluation, becoming a fist product to help investors nugget the opportunities for the upgrading and development of China’s manufacturing industry.
In addition to the above “double base”, Everbright Prudential’s equity funds have performed well. For example, the quantitative optimization of Everbright gem led by Zhai Yunfei, the quantitative investment team, has achieved a yield of more than 99% in the past two years, ranking among the top 1 / 3 of standard equity funds in the same period. In addition, the returns of Everbright Mingxin managed by Lin Xiaofeng and Everbright small and medium-sized funds managed by Chen Dong have been above 80% in the past two years. Everbright new opportunities, a sub new fund established at the end of March last year, with Wei Xiaoxue’s excellent investment management ability, had a yield of more than 40% by the end of the year ⑨. Although the Fund Limited large subscription, the scale continued to grow.
build a multi-level talent echelon based on investment and research
Everbright Prudential has always respected an inclusive and open investment and research culture, and is committed to enabling fund managers with different styles to focus on their best areas, give full play to their talents and realize the diversification of investment styles. In recent years, the company has further strengthened the construction of investment and research team, continuously consolidated the investment and research base through internal talent training and external talent introduction, and forged a number of famous investment and research rookies.
Among them, there are veterans such as Wei Xiaoxue, Xu Xiaojie and Lin Xiaofeng who have experienced many rounds of bull and bear market tests, as well as the “Mesozoic” represented by Zhan Jia, Huang Bo, Chen Dong, Fang Lei, Shen Rong and Zhai Yunfei. It is worth mentioning that the integration of investment and research has an obvious effect of bringing the old with the new, and a number of new generation fund managers have also emerged.
For example, Zou Qiang, who won the championship of general debt base in 2021, has six years of macro strategy research experience; Cui Shutian, made in China fund manager of Everbright, has ten years of research experience in midstream industry.
The two fund managers have accumulated a lot and made outstanding achievements in less than two years as fund managers.
In addition to endogenous investment and research strength, Everbright Prudential also actively introduces external talents. Since the second half of 2020, the company has successively introduced Xu Xiaojie, Li Huaiding, Yang Yijun and other fund managers. Among them, Xu Xiaojie is a doctor of biology of the Chinese Academy of Sciences and has translated many classic works of Peter Lynch. During his tenure, the products he once managed won the champion of four-year performance ⑩. Li Huaiding has been deeply engaged in fixed income investment and research for 14 years, and has mature investment experience in large public funds and insurance asset management. Yang Yijun, who has also worked in the field of fixed income investment and research for many years, has a stable investment style and pays particular attention to fine product management.
By strengthening team building, Everbright Prudential Investment and research talent echelon has been gradually rationalized, with both veterans and excellent talents joining in one after another, and more cutting-edge emerging. Everbright Prudential has continuously improved on the two fronts of fixed income and equity. At the same time, Everbright Prudential strives to improve the sustainability of performance and strive to create better returns for investors.
① data source: the performance of 10 funds under Everbright Prudential in 2021 ranked among the top 15% in the same period. The ranking data source was Galaxy Securities, as of December 31, 2021.
Specifically: Everbright Shengli a, ranking 4 / 203 of ordinary bond funds in the same period; Everbright multi strategy selected 18 months a, ranking No. 5 / 41 of regular open-end flexible allocation fund in the same period; Everbright credit Tianyi a, ranking 5 / 258 of ordinary bond funds in the same period; Everbright zunhe fixed the debt for 87 months, ranking 8 / 136 of the regular open-ended pure debt fund in the same period; Everbright Zunyu pure debt will be opened one year, ranking No. 38 / 427 of regular open-ended pure debt fund in the same period; Everbright Zengli a, Everbright medium and high-grade a, ranking No. 20 / 203 and 21 / 203 of general bond funds in the same period respectively; Everbright style rotation a, ranking No. 90 / 692 of partial stock hybrid funds in the same period; Made in China, Everbright ranked 60 / 499 in flexible allocation funds in the same period; Everbright angel a ranked No. 34 / 258 of the general bond fund in the same period.
Everbright Prudential fixed income investment ranked 7 / 124 in the industry in the past year, 3 / 114 in the whole industry in the past two years and 6 / 102 in the industry in the past three years. Data source: Galaxy Securities summary sheet of evaluation on active management ability of fund manager’s bond investment (arithmetic mean), as of December 31, 2021.
In the past two years, Everbright Prudential’s equity investment has doubled its base by 5 times as of December 31, 2021, including Everbright made in China (124.29%), Everbright advanced service industry a (118.09%), Everbright prosperity pioneer (110.22%), Everbright dynamic optimization (106.98%) and Everbright new growth (101.67%). The above range yield has been reviewed by the custodian bank.
② Everbright Shengli a, with a return of 17.21% in 2021 and a performance comparison benchmark increase of 5.65% in the same period, ranks No. 1 / 188 among ordinary bond funds in the same period. (the ranking comes from Morningstar information. The yield and performance benchmark have been reviewed by the custodian bank as of December 31, 2021); Everbright Tianyi a, the yield in 2021 was 26.44%, and the performance benchmark increased by 5.65%. Ranked fifth among 258 secondary debt bases. The above fund range yield and performance benchmark increase have been reviewed by the custodian bank, and the fund ranking data comes from galaxy securities, as of December 31, 2021.
③ Everbright’s profit increasing yield and performance comparison benchmark have been reviewed by the custodian bank, and the ranking data is from galaxy securities, as of December 31, 2021. A / C A / C A / C A / C A / C A / C from 2008 / 10 / 29 was set in 2008 / 10 / 29 was set in 2008 / 10 / 29. To 2020 2020. The annual performance and performance for the year from 2008 / 10 / 10 / 10 / 10 / 10 / 10 / 10 / 10 / 10 / 10 / 29 A / C A A / C A A / C A A / C A / C A / C A / C A / C A / C A / C A / C A / C A / C A / 10 / 10 / 10 / 10 / 10 / 10 / 29 / 29 / 29 A / C A / C A / C / C / C A / C / C / C / C / C. The comparison benchmarks are respectively: 2.00.00% / 1.90 / 1.90.90.90.90.90.90% /1.55% 1.55%, 1.86% 1.86% / 1.86% / 1.86 / 1.86% 1.86% / 1.57.57.57.57.57 08% / 3.05%. The performance and performance comparison benchmark of Everbright Zengli A / c2021 is 10.78% / 10.47% / 5.65%. Note: the term of office of the fund manager does not fully cover the above cycle. According to the regular report of the fund, Everbright’s profit increase scale was RMB 275 million by the end of the third quarter of 2020 and RMB 643 million by the end of the third quarter of 2021, with a scale increase of 2.33 times in the past year.
④ since the establishment of Everbright Anyang, the increase of yield and performance benchmark has been reviewed by the custodian bank. Everbright Prudential’s fixed income + scale data are from the fund’s third quarterly report in 2021. The statistical caliber is the products that pursue the risk characteristics of medium and low return among the primary debt base, secondary debt base, partial debt hybrid funds and flexible allocation hybrid funds.
⑤ Everbright new growth and Everbright bonus were established on September 14, 2006 and March 24, 2006 respectively. Since their establishment, the yield has been reviewed by the custodian bank. Everbright’s new growth ranking data comes from galaxy securities, as of December 31, 2021. Note: the term of office of the fund manager does not cover the above cycle.
⑥ as of December 31, 2021, the yield of Everbright industry rotation, made in China and Everbright new growth in the past three years has been reviewed by the custodian bank, which are 239.85%, 212.82% and 203.23% respectively. In the past three years, Everbright industry ranked 47 / 4089 among similar products in the same period (similar products refer to partial stock funds), 54 / 426 (similar products refer to flexible allocation funds) and No. Everbright new growth ranked 102 / 485 and 61 / 342 respectively in partial equity funds in the past two and five years. The ranking data comes from galaxy securities, as of December 31, 2021. Note: the term of office of the fund manager does not fully cover the above cycle.
⑦ the yield and performance benchmark increase of Everbright advanced service industry, Everbright dynamic optimization and Everbright boom pioneer in recent two years have been reviewed by the custodian bank. Everbright’s advanced service industry has achieved a yield of 118.09% in the past two years, with a performance benchmark increase of 7.31% in the same period. Everbright boom pioneer and Everbright dynamic optimization, the yields in the past two years were 110.22% and 106.98% respectively, and the performance comparison benchmark increased by 15.82% and 16.41%. Everbright dynamic preferred ranking data comes from galaxy securities. As of December 31, 2021, similar funds refer to partial stock funds.
⑧ star rating comes from Haitong rating data, as of November 30, 2021. By the end of November this year, the yield of Everbright made in China 2025 in recent two years was 179.14%, and the performance comparison benchmark in the same period was 54.19%; The yield of Everbright made in China 2025 in recent three years is 222.11%, and the performance benchmark in the same period is 93.28%; The yield of Everbright new growth in recent three years was 204.23% respectively, and the performance benchmark in the same period was 42.62%. Everbright manufacturing ranked 17th / 210 among the flexible allocation funds in the same period in terms of performance in recent two years
⑨ the yields of Everbright gem, Everbright Mingxin, Everbright small and medium-sized market and the past two years were 99.10%, 82.21%, 80.40% and 41.60% respectively, and the performance comparison benchmark rose by 66.12%, 15.83%, 22.39% and respectively in the same period. As of December 31, 2021, the yield of Everbright new opportunity since its establishment on March 30, 2021 was 41.60%, and the performance comparison benchmark rose by – 2.26% in the same period.
The above fund yield and performance benchmark increase have been reviewed by the custodian bank. The quantitative ranking data of Everbright gem comes from galaxy securities. As of December 31, 2021, Everbright gem ranked No. 55 / 207 among standard equity funds in the same period. Note: the term of office of the fund manager does not fully cover the above cycle.
⑩ data source: Galaxy Securities. The statistical range is from July 1, 2016 to June 30, 2020. The fund is the incentive power of Huatai Bairui, ranking first among 181 similar funds. Similar funds refer to flexible allocation funds.
Risk tip: the fund has risks and investment needs to be cautious. Before making investment decisions, please carefully read the fund contract, fund prospectus, fund product information summary and other product legal documents, make rational judgment and make investment decisions carefully on the basis of understanding the product situation and sales appropriateness opinions. This material does not constitute any legal document or investment advice or recommendation. Everbright new growth, Everbright made in China 2025, Everbright advanced service industry a, Everbright boom pioneer, Everbright dynamic optimization, Everbright industry rotation, Everbright Mingxin, Everbright dividend and Everbright small and medium-sized market have a product risk rating of R3 (medium risk), which is suitable for investors with a risk rating of C3 (balanced) or above. The quantified and preferred product risk level of Everbright gem is R4 (medium and high risk), which is suitable for investors with risk rating of C4 (aggressive) and above. There are certain differences in the types, investment scope, investment proportion, investment strategy and operation mode of the above funds. The interval performance data is only for presentation and description, and is not comparable. The past performance of the fund does not predict its future performance, and the performance of other funds managed by the fund manager does not constitute a guarantee for the performance of the fund. This product is issued and managed by Everbright Prudential Fund Management Co., Ltd. and the sales agency does not bear the responsibility of product investment, cashing and risk management.
Important note: Wei Xiaoxue served as a researcher in Shanghai Branch of PENGYUAN (Beijing) Management Consulting Co., Ltd. (formerly Kaiji management consulting) from 2006 to 2009. He joined Everbright Prudential fund in October 2009, managed the rotation of Everbright industry from November 2012 to February 2014, managed the new growth of Everbright since February 2013, managed the reform of Everbright state-owned enterprises from May 2015 to January 2017, and managed the selected research of Everbright since March 2020, Everbright consumption has been managed since 2020 / 4, made in China since 2020 / 5, Everbright intelligent vehicles since 2021 / 2, new opportunities of Everbright since 2021 / 3, and Everbright Ruiying since 2021 / 9 / 1. The following data are from the fund’s regular report and reviewed by the custodian bank. Everbright smart car was established on February 9, 2021 and Everbright new opportunity was established on March 30, 2021. Everbright Ruiying was established on September 1, 2021. In view of its relatively short establishment time, the relevant performance will not be displayed.
Important note: Xu Xiaojie, doctor of Shanghai Academy of life sciences, Chinese Academy of Sciences, worked as an assistant researcher in the Crop Research Institute of Jilin Academy of Agricultural Sciences from July 1998 to September 2001; From June 2006 to August 2007, he worked as an industry researcher in the research department of Shanghai banglian Asset Management Co., Ltd; From August 2007 to July 2020, he successively served as researcher of investment research department, assistant to research director, assistant to fund manager, fund manager and member of investment decision-making committee of Huatai Bairui Fund Management Co., Ltd; He joined Everbright Prudential Fund Management Co., Ltd. in July 2020 and is now the deputy director of equity investment department. He has served as Everbright dividend fund manager since 2020 / 10 and plans to serve as Everbright health Youjia fund manager.
Important note: Zhan Jia worked as a research analyst in Zhongli Insurance Co., Ltd. from June 2008 to June 2011; From July 2011 to June 2013, served as China stock director and investment analyst in Hong Kong Fortis Investment Management Co., Ltd; From July 2013 to December 2017, CCB International Asset Management Co., Ltd. served as a director and acting head of portfolio management department; On December 2017, he joined Everbright Prudential Fund Management Co., Ltd. and served as the overseas investment director of the equity investment department. He has managed Everbright Dingxin since June 2018, Everbright advanced service industry since December 2019, Everbright Yongxin since May 2020, Everbright Yuxin since June 2020, Everbright industry rotation since October 2020, Everbright quality life since July 2021, Everbright Anhe since August 2021, and Everbright baodexin innovative life fund manager since November 2021.
The following data are from the fund’s regular report and reviewed by the custodian bank. Due to the short establishment time of some funds, the relevant performance will not be displayed temporarily.
Important note: from June 2009 to April 2013, Fang Lei successively served as macro strategy analyst of research and development department and senior researcher of investment department at Jianghai securities, leader of strategy research group of comprehensive research institute and member of Ping An Bank Co.Ltd(000001) private bank investment decision-making committee at Ping An Securities from May 2013 to June 2015, joined Everbright Prudential as strategic analyst and assistant to research director in June 2015. From December 2016 to January 2018, he served as Everbright dividend fund manager. From March 2017 to August 2019, he served as Everbright Prudential Yongxin fund manager. From March 2017, he became the fund manager of Everbright Prudential Jixin. From January 2018 to July 2019, he served as the manager of Everbright Baode xinanqi bond fund. From May 2018 to November 2019, he served as the fund manager of Everbright Prudential Mingxin. From December 2019, manage Everbright Prudential dynamic optimization. From May 2020, he served as the fund manager of Everbright Prudential Multi Strategy Optimization fund. From 2020 / 5, manage Everbright Prudential Multi Strategy smart selection. From 2020 / 10, manage Everbright Prudential boom pioneer. He has been the new power fund manager of Everbright Prudential industries since August 2021.
Important note: from June 2003 to June 2016, Lin Xiaofeng served as researcher, investment manager, general assistant, deputy director and executive deputy general manager of Xingzheng investment subsidiary in China Industrial Securities Co.Ltd(601377) ; One belt, one road fund manager of Baode, Baode, joined the China Everbright letter in June 2016 and became a fund manager in October 2018. Manage Everbright baodexin Mingxin since November 2018. From November 2018 to July 2020, he managed Everbright Baode xinruixin. Manage the reform of Everbright Prudential state-owned enterprises from October 2020.
Important note: Mr. Zhai Yunfei graduated from the Department of automation of the University of science and technology of China in 2005 and received a doctorate from the Department of statistics and finance of the University of science and technology of China in 2010. Worked in Dacheng Fund Management Co., Ltd. from June 2010 to March 2014; He joined Everbright Prudential Fund Management Co., Ltd. in April 2014, successively served as a financial engineer (responsible for quantitative investment research) and a senior quantitative researcher, and now serves as the fund manager of the quantitative investment team of the equity management headquarters. Since February 2016, he has served as the fund manager of Everbright Prudential style rotating hybrid securities investment fund, He has been the fund manager of Everbright Prudential quantitative core securities investment fund since December 2016, the fund manager of Everbright Prudential event driven flexible allocation hybrid securities investment fund from January 2017 to July 2020, and the fund manager of Everbright Prudential quantitative preferred stock securities investment fund on the gem since February 2018, From June 2019 to now, he has served as the fund manager of Everbright Prudential Prudential Xin flexible allocation hybrid securities investment fund, from July 2019 to now, as the fund manager of Everbright Prudential Ruixin flexible allocation hybrid securities investment fund, and from August 2019 to August 2020, as the fund manager of Everbright Prudential Yongxin flexible allocation hybrid securities investment fund, From September 2021 to now, he has served as the fund manager of Everbright Prudential event driven flexible allocation hybrid securities investment fund.
Since November 2021, he has served as the fund manager of Everbright Prudential China Securities 500 index enhancement, and has managed Everbright Prudential Hengxin since November 2021.
Important note: Mr. Cui Shutian served as assistant researcher, researcher and senior researcher in Guotai Junan Securities Co.Ltd(601211) from April 2010 to may 2015; In June 2015, he joined Everbright Prudential Fund Management Co., Ltd. as a senior researcher and now serves as the assistant director of the research department. He has been the fund manager of Everbright Prudential China 2025 flexible configuration hybrid securities investment fund since July 2020. He has been the fund manager of Everbright Prudential advantage allocation hybrid securities investment fund since October 2021.
Important note: Huang Bo worked in Changxin Fund Management Co., Ltd. as the special account investment manager of fixed income department from September 2017; From September 2017 to June 2019, served as deputy director of special account Investment Department of Yuanxin Yongfeng Fund Management Co., Ltd; Joined Everbright Prudential fund in June 2019 and has managed Everbright’s medium and high-grade, Everbright Anqi, Everbright increasing profits, Everbright credit Tianyi and Everbright Multi Strategy Selection for 18 months since October 2019; From November 2019 to December 2020, it has managed Guangda Xinxin and Guangda Ruixin since January 2020, Guangda Anze since October 2020, Guangda Baode Xinrui for one year since December 2020, and Guangda Anyang since June 2021.
Important note: Zou Qiang, Zou Qiang, graduated from Fudan University with a master’s degree in finance in 2014. Worked in China Development Bank from June 2014 to December 2015; From January 2016 to July 2018, served as assistant researcher and Research Manager of macro and bond strategy in Ping an Endowment Insurance Co., Ltd; In July 2018, he joined Everbright Prudential Fund Management Co., Ltd. and served successively as a bond strategy researcher. He is now the chief macro bond strategy analyst and the joint group leader of the fixed income research team of the fixed income management headquarters. He has served as the fund manager of Everbright Prudential Shengli bond since September 2020 and the fund manager of Everbright Prudential Prudential bond since March 2021, From 2021.6 to now, he has served as the pure debt fund manager of Everbright Prudential Yongli, and from 2021.7 to now, he has served as the fund manager of Everbright Prudential China bond 1-5 year policy financial bond index and Everbright Prudential zuntai three-year fixed bond.
(source: Securities Times)
